What the FPSO?! BOEMRE Approves GoM’s First Floating Production & Storage Vessel

By: Steve Maley (Diary)  |  April 9th at 06:01 PM  | 

A March 17 press release from BOEMRE announced the approval of Petrobras’s permit application for the Gulf of Mexico’s first FPSO (“Floating Production Storage Offloading” facility), offshore Louisiana. I have no problem with FPSOs per se. The technology has been used around the world, in places like Brazil, Angola, the North Sea and off Australia. But this would be the first FPSO in U.S. | Read More »